Commercial Real Estate Market in Elizabeth Cty, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
193 active listings and 1,338 off-market properties in Elizabeth Cty, NC. Commercial property asks $60/SF to buy and $31.93/SF/Yr to lease.
Market Trends
Elizabeth Cty, NC spans 226.9 square miles in Pasquotank County, North Carolina. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Elizabeth Cty, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Elizabeth Cty, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elizabeth Cty, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Elizabeth Cty, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Elizabeth Cty, NC has 40,606 residents in 17,591 households. Density runs 179 people per square mile. Median household income here is $64,039 and median gross rent $1,146 a month.
40,606
Population
17,591
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
226.9 sq mi
ZIP Area
179
Density / Sq Mi
$64,039
Median Household Income
$40,399
Median Earnings
$1,146
Median Rent
$223,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Elizabeth Cty?
Commercial property in Elizabeth Cty, NC asks an average of $60 per square foot.
How much does it cost to lease commercial space in Elizabeth Cty?
Asking lease rates in Elizabeth Cty, NC average $31.93 per square foot per year.
Where does Realmo's Elizabeth Cty market data come from?
Realmo compiles Elizabeth Cty, NC figures from 6 recent recorded sales, 149 active sale listings, 44 active lease listings, 1,338 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 149 active for-sale and 44 active for-lease listings in Elizabeth Cty, NC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
